Faris Lee Arranges $10.7 Million Sale of Walnut Town & Country Shopping Center in California

Jack in the Box, Subway, Wing Stop, Lollicup and Mathnasium are tenants at Walnut Town & Country, a 22,322-square-foot retail center in Walnut.

Walnut, Calif. — Faris Lee Investments has arranged the sale of Walnut Town & Country, a multi-tenant retail center located in Walnut.

A Northern California-based family trust acquired the property from an Oregon-based family trust for $10.7 million. At the time of sale, the 22,232-square-foot property was 95 percent leased to tenants including Jack in the Box, Subway, Wing Stop, Lollicup and Mathnasium. Shaun Riley of Faris Lee represented the seller and buyer in the deal.

Much of the spotlight surrounding in-demand tenants at today's shopping centers is focused on food and beverage and entertainment users.
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